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Sector Update: Consumer Stocks Advance Pre-Bell Monday
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Sector Update: Consumer Stocks Advance Pre-Bell Monday
Apr 29, 2024 6:18 AM

08:59 AM EDT, 04/29/2024 (MT Newswires) -- Consumer stocks were advancing pre-bell Monday with the Consumer Staples Select Sector SPDR Fund ( XLP ) up 0.1% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) 1.8% higher recently.

Domino's Pizza (DPZ) was up nearly 5% after it reported higher fiscal Q1 earnings and revenue.

Yum! Brands ( YUM ) was 0.8% higher after saying it has secured a $500 million term loan A and a $1.5 billion revolving credit facility.

General Mills ( GIS ) is exploring sale of its yogurt business in North America that could be worth over $2 billion, Reuters reported Friday, citing people familiar with the situation. General Mills ( GIS ) was up 0.2% in recent premarket activity.

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